This topic contains a solution. Click here to go to the answer

Author Question: A restaurant has not been as profitable as it would like to be. The manager has determined that the ... (Read 122 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570

Question 1

A restaurant has nonfood costs of $485,000 and desires a profit of $130,000. They have forecasted annual sales of 150,000 customers. An item on their menu costs $5.00. What will be the selling price for this item using the contribution margin method of pricing?
◦ $4.10
◦ $9.10
◦ $8.23
◦ $5.86

Question 2

A restaurant has not been as profitable as it would like to be. The manager has determined that the menu is the problem. One choice the manager has to correct this problem is to
◦ put more high cost items on the menu.
◦ lower prices.
◦ make portion sizes larger.
◦ raise prices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by debasdf on Aug 20, 2020

LP

  • Sr. Member
  • ****
  • Posts: 302
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




debasdf

  • Member
  • Posts: 570
Reply 2 on: Aug 20, 2020
Thanks for the timely response, appreciate it


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library